Management decision support using long-term market simulation
نویسندگان
چکیده
منابع مشابه
Management decision support using long-term market simulation
In recent years Agent-based Computational Economics (ACE) has become an increasingly important method in market simulation. After liberalization of many former governmental owned or controlled industries the used operations research models are not longer sufficient to simulate market behavior due to individual action and increasing competition. Agentbased simulation appears to be an alternative...
متن کاملUsing genetic algorithms and simulation as decision support in marketing strategies and long-term production planning
This paper represents an approach of using simulation models and genetic algorithms for generating an aggregative production plan to maximize the total profit of the firm. The described methodology provides a tool which assists the company management in decision which of the suitable solutions will become the production plan. The entire system is composed by a business information system a data...
متن کاملStock Market Simulation using Support Vector Machines
The aim of this research is to analyse the different results that can be achieved using Support Vector Machines (SVM) to forecast the weekly change movement of the different simulated markets. The different simulated markets are developed by a GARCH model based on the S&P 500. These simulated markets are grouped by a main parameter: high volatility, bearish trend, bullish trend and low volatili...
متن کاملSimulation of Long-term Returns with Stochastic Correlations
This paper focuses on a nonlinear stochastic model for financial simulation and forecasting based on assumptions of multivariate stochastic correlation, with an application to the European market. We present in particular the key elements of a structured hierarchical econometric model that can be used to forecast financial and commodity markets relying on statistical and simulation methods. The...
متن کاملSimulation Based Decision Support for Manufacturing System Life Cycle Management
Previous research has highlighted the role of virtual engineering tools in the development of manufacturing machinery systems. Simulation models created for this purpose can potentially be used to provide support for other tasks, such as operational planning and service and maintenance. This requires that the simulation models can be fed with historic data as well as with snapshot data. Further...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Information Systems and e-Business Management
سال: 2003
ISSN: 1617-9846
DOI: 10.1007/s10257-003-0021-3